ERNIE TEDESCHIComputers, components and data-center construction accounted for more than half of quarterly growth. Context1 noteTedeschi’s follow-up calculation attributes more than half of the quarter’s 1.5% annualized growth, and about one-fifth of the 2.1% year-over-year…+Currently showing Headline GDP slowed; core private demand did notHeadline GDP slowed; core private demand did notHeadline GDP slowed; core private demand did notBar chart showing annualized real growth of 2.1 percent for first-quarter GDP, 1.5 percent for second-quarter GDP, and 3.9 percent for second-quarter core private demand. The second-quarter gap is 2.4 percentage points.Headline GDP slowed; core private demand did notAnnualized, inflation-adjusted growth • Core private demand accelerated as headline GDP slowed420Annualized real growth (%)2.1%1.5%3.9%2.4 ppgapQ1 GDPQ2 GDPQ2 core privatedemandMeasure and quarterSource: Ernie Tedeschi post and supplied story summary • Q2 advance estimate